Is Eastchester, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eastchester is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Eastchester was a Seller's Market.

Key Takeaway

Eastchester is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Eastchester, NY

How much do homes in Eastchester, NY cost?

Median Sold Price

$760,000

$461/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$47,666(+6.7%)

Key Takeaway

Homes in Eastchester have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Eastchester was $760,000 in October 2024, up 6.7% from last year, and the median price per square foot was $461.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $205K$240K
+17.1%
2 $430K$480K
+11.6%
3 $850K$875.1K
+3.0%
4 $1.1M$1.4M
+17.0%
5+ $2.5M$2.7M
+6.7%

Summary: Eastchester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Cities

Bronxville
+30.1%
Tuckahoe
+13.1%
New Rochelle
+12.3%
Yonkers
+11.7%
Eastchester
+6.7%

Housing Supply in Eastchester, NY

How many homes are available in Eastchester, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
184169-8.2%

Summary: The Eastchester real estate market had 169 homes for sale in October 2024, a 8.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 5348
-9.4%
2 5044
-12.0%
3 3430
-11.8%
4 2521
-16.0%
5+ 2226
+18.2%

Summary: The Eastchester housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.4%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4528-37.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eastchester, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Eastchester in October 2024, down by 37.8% month-over-month. Of the 28 sold homes, 43% were sold under asking, 18% were sold at asking, and 39% were sold over asking.

Days on Market for Eastchester, NY

How long does it take to sell a home in Eastchester, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
54 Days52 Days-4.5%

Summary: Homes in Eastchester had an average of 52 days on market in Oct 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Eastchester are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in Eastchester; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Eastchester, NY

Nearby Markets to Eastchester, NY

What housing markets are near Eastchester, NY?